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Search Results 0 to 4 of about 5
FOX News
Dec 27, 2012 6:00am PST
across the board tax hikes for 90% of american households. president obama on his way back to washington right now but not all the lawmakers are there and if congress and the president do not reach a compromise before january 1st many analysts say the economy will slide back into a recession. gregg: mike emanuel is live on capitol hill. mike, any indication of the president's next move? >> reporter: well, gregg, last time we heard the president talk about the this matter he said he was calling on congressional leaders to essentially make sure taxes do not go up on middle class americans. presumably that would be a package that continues the bush tax cuts for those making up to $250,000. he would also like to continue emergency unemployment benefits for two million americans. and beyond that, details are kind of murky at this point. so we await the president to get back to washington. we know that the senate will be back in session today. we know there have been some conversations back and forth but at this point no indication that steps have moved forward closer to a deal, gre
FOX News
Dec 31, 2012 6:00am PST
. >> that incredible to some people, but nonetheless before this past weekend, president obama quietly signed a executive order that gives a small pay raise to two million federal workers and a small pay raise to all 535 members of congress. they will get an extra $900 each in the forthcoming year starting march 27th. but they get a pay raise. so the people who could not come to an agreement on cutting spending will in fact be spending more on themselves using money which we do not have. heather: speaking of all that spending we are expected to hit the debt ceiling in just hours. another blow to the economy. >> that means that we are about to run out of money and we can not borrow anymore. treasury secretary tim geithner says, well, we'll move some money around so we won't default on our obligations but nonetheless we are out of money. this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we've still got to argue that out in congress between congress and the president. heather: gei
FOX News
Jan 1, 2013 7:00am PST
history, a sitting attorney general held in contempt by congress after refusing to release more documents into the botched operation fast and furious. the obama administration coming under even more scrutiny over a september 11th terror attack at the u.s. consulate in bicep ghazi that killed -- benghazi that killed the u.s. ambassador and three other americans. u.s. ambassador to the u.n. susan rice first attributed it to a spontaneous uprising about an anti-muslim film. that turned out to be false, and now congressional leaders in both parties are demanding answers. and likely the most scandalous incident of the year throwing america's national security into crisis, former cia director david petraeus stepping down over an affair with his biographer, paula broadwell. it's later revealed that the top u.s. general in afghanistan, john allen, is under investigation for inappropriate communication with socialite jill kelley. but the intermingling doesn't stop there. the fbi agent who began this entire investigation is himself accused of sending this picture to kelley. he later says
FOX News
Jan 1, 2013 12:00pm PST
legislative jargon. the losers, congress, president obama, makes both lists, and awful those new year's eve plans. for a fair and balanced analysis now with democrat from texas and brad blakman. thank you for joining us and happy new year's day, i guess. >> happy new year. thank you. >> we are talking about the winners and the losers in all of this. on that list from the washington post, a lot of politicians. you know what really matters in this is the american people. i want to know from both of you who wins in this? it is still not even over. brad, i will start with you. >> heather, the american people are the big losers. they are not winning in this deal. we don't have a revenue problem. we have a spending problem. we should have been dealing with spending first. there should have been a bill and we should have dealt with see -- sequestration. there were two house bills, one on spending and taxation that the senate never took up. the bottom line is this, when you govern out of duress instead of deliberation, it is always a mess. it is always a crisis with the president and the senate and
FOX News
Dec 26, 2012 6:00am PST
to restart the negotiations on the so-called fiscal cliff. if mr. obama and congress can not agree on a stopgap measure, automatic hikes and spending cuts will hit americans jan 1. peter doocy live in washington with more on this peter, what is the latest? >> reporter: gregg, the president said on friday he would see it this week and maybe if lawmakers went back to home districts to drink eggnog and eat cookies and sing christmas carols maybe they would be more in touch with the hardship so many americans are going to face if the fiscal cliff is not avoided. >> there is a mismatch right now between how everybody else is thinking about these problems. democrats and republicans, outside of this town and how folks are operating here and we've just got to get that aligned. >> reporter: the president's wife and daughters are going to stay in hawaii to continue vacationing. we're told the president may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boehner and president obama. a
Search Results 0 to 4 of about 5